Rosfinmonitoring will introduce additional control over operations carried out with money received from the conversion of cryptocurrencies. This was announced at a meeting of the State Duma Committee on the Financial Market on March 23, Deputy Head of the Department Herman Neglyad.
“Banks have already begun to pay attention to exchange transactions, that is, when they see that an operation has come after the exchange of virtual assets for hard currency, they have already begun to evaluate them and, in fact, inform us about these transactions,” he said.
In addition, according to Neglyad, in October Rosfinmonitoring and the Bank of Russia will jointly introduce a special code to separate “such suspicious transactions” into a separate group.
In a conversation with TASS, he also said that the facts and risks of financing terrorism using cryptocurrencies are already being recorded. The deputy head of the service stressed that he could not disclose details, but noted that Russia is actively cooperating with the financial intelligence units of foreign states in this matter.
“In Russia, in addition to Bitcoin, Ethereum and Monero are also popular in general for criminal purposes, not only for financing terrorism,” he added.
Earlier, Russian President Vladimir Putin ordered to suppress the illegal withdrawal of assets from the country carried out with the help of cryptocurrencie
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